Drilling & production

Polarcus Limited has announced that the company has signed a Letter of Intent with an undisclosed client for a 3D marine seismic project.

Independent lab results validate performance and feasibility of treating produced water for large-scale applications.

The new Oil and Gas Authority will be given a range of powers to ensure it has the ability to help maximise the economic recovery of the UK’s O&G industry.

The Board of UKOG notes the stimulus to the UK oil and gas industry in the new Budget.

Increased customer responsiveness and improved distribution capacity to serve the Offshore Gulf of Mexico and Louisiana/Texas Gulf Coast land based customers.

SGS will perform vendor inspections as part of Cameron LNG's construction project near the Gulf of Mexico.

Summary includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days.

NeoTork automatically manages torque generated from the drill bit and mitigates axial and torsional vibrations.

The field has been developed at a water depth of about 400 metres with two facilities on the sea bed.

Western Asset has said that the shifts in oil supply with reshape the energy market.

The CJ54 is the latest addition to the successful series of the GustoMSC cantilever drilling jack-ups (CJ-series).

Ecuador is the smallest oil producing member of the Organisation of the Petroleum Exporting Countries (OPEC).

UK fiscal regime being revamped to reflect the maturity of the UK basin.

Statoil is presenting the annual and sustainability reports for 2014, together with the new payments to governments report.

Statoil was the apparent high bidder on 14 leases in the Central Lease Sale.